4A and 4B Maidstone Road, Ilam, Christchurch

The right location for investment

For Sale - Price by Negotiation

These two houses are located 400m from Canterbury University and across the road from University Halls of Residence, making them ideal student accommodation, ensuring you will always have a large tenant pool for your investment income.

The property consists of two townhouses each on individual cross leased titles, sited on 607sqm of TC1 freehold land, zoned Residential Suburban Density Transitional land.

Rental income:

Townhouse A
- Two bedrooms plus a sleepout
- $455 per week till 31/01/2020
- $460 per week till 02/02/2021

Townhouse B
- Three bedrooms plus two sleepouts
- $730 per week till 31/01/2020
- $740 per week till 02/02/2021

Summary:

- TC1 land
- Residential Suburban Transition Zone
- Two titles
- 607sqm freehold land
- Income $1,185 per week
- Increasing to $1,200 per week
- Managed by A1 Property Management

Viewing by appointment only on this fully tenanted investment property, vendors have realistic expectations, definitely worth viewing.

Please contact Angela Webb or Kate Mullins for more information or to arrange a viewing.

Find out more about us at www.propertyinvestmentchristchurch.co.nz.

To download the information pack copy and paste the below link into a new browser:
http://propertyinvestmentchristchurch.co.nz/5511158